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Pros and Cons of Attending School Online or on Campus Free Essays

My Pros and Cons of Attending College Online or On Campus Lavesha Dailey Eng 121 Elizabeth Hoyle July 10 ,2011 Throughout America individuals frequently will in general think about things. A portion of the things that are being contrasted are more significant with certain people groups than the other. I love to thought about thing like online schools or nearby schools. We will compose a custom exposition test on Advantages and disadvantages of Attending School Online or on Campus or then again any comparable point just for you Request Now These two schools are regularly thought about when expending, less work and may even when having the option to spend at home. Be that as it may, first the most significant thing about these two schools would initially be the tedious. Tedious is significant when going to class. Going to class online you don’t need to work about getting up and getting dress or in any event, discovering something to wear. You can basically go to class in your pjs in light of the fact that you are in the security of your own home. What's more, you don’t even need to stress over being late for class. In any case, then again when going to a nearby school you have stress over a wide range of things like to prepare up and get for school and furthermore agonizing over things, for example, discovering something to wear, brushing your hair or ensuring that you are on schedule for school before getting check missing. As such going to class nearby truly takes more exertion and time then basically simply going to class on the web. In any case, another path going to class online is better than going nearby is that there is by all accounts less work in class to do. Alright, I have notice a great deal of things about going to class on the web and going to class nearby. I for one incline toward going to class online for the most part in light of the fact that there is less work to be finished. I recollect when I use to go to Alabama Southern Community College, I was consistently pack with more things then I can deal with. I would fire my free day by getting up, discovering garments, brushing my hair, showering ect†¦ Then after that I would need to go gas up my vehicle since it was costing me twenty dollars per day to head to class from where I lived. Gas is another factor when going to a grounds school since it can get the opportunity to be extremely costly. In any case, when going to I would consistently have a ton of books for various classes that I was taking. Furthermore, when you are a full time understudy in school you must have at any rate twelve credits or all the more with the goal that like three to at least four classes per week so as to get the entirety of your credits. Much after the entirety of this schoolwork will in general be giving in a portion of the classes. Likewise tests in various classes around the same time are giving as well. When then again I notice since I am as of now going to Ashford University Online, I have one class and I am consider to be full time. The school work is aslo scattered and I am not every single giving heap of work at once and just one test is given seven days rather than a great deal of test in various classes one after another. Yet, the best thing of about school online is having the option to invest energy at home. Having the option to invest energy at home is the significant factor about going to class on the web. Truth be told this is one of the primary purpose behind many individuals not completing school. The vast majority when are ask while they are not in school or as yet going to class they will in general say that they can’t discover the to or If they have children they state that they don’t have anybody to keep them. Well this is all obvious and by going to a school nearby this is awful procedure to stress over however by going to school online you don’t need to stress over any of these things since you can do your online course anyplace, as long as you have your PC or a work station and network access. You can likewise take your children along any place you go. When then again when you go to school nearby you have various occasions to be in a class and you can’t bring your children, that implies than realize you would need to stress over discovering somebody to keep the child and that likewise going to cost additional cash. At the end of the day regardless of what individuals appears to contrast in life everything is going with have there own advantages and disadvantages. Regardless of whether it something you like or aversion. Be that as it may, whatever you think about simply ensure the appropriate response you concoct is something you make certain to appreciate. Step by step instructions to refer to Pros and Cons of Attending School Online or on Campus, Essay models

Financial Statements How Does Currency Translation Work

Financial Statements How Does Currency Translation Work If your business entity operates in several countries, chances are you also use different currencies as part of your business operations. But when it comes to reporting your company’s finances through financial statement, you aren’t allowed to use more than one currency.In order to have your financial statements recorded in a single currency, you’ll need to perform currency translation. What does currency translation entail and what are the different methods used in the process? This guide will answer both of those questions and give you tips to avoid common mistakes associated with currency translation in your accounting procedure. © Shutterstock.com | file404In particular in this article, you will learn 1) what is currency translation, 2) why currency translation is needed and used, 3) the three steps of currency translation, 4) how the rates are determined, 5) avoiding the common mistakes, and 6) how to mitigate the risks of currency translation.WHAT IS CURRENCY TRANSLATION?Before we look at the definition of currency translation, it is a good idea to define some of the key terms used in the process. Below is a break down of the three key terms: currency, financial statements and exchange rates.What are currencies?Currency is a generally accepted form of money, which includes both coins as well as paper notes. It is issued by a specific government and circulated within the government’s jurisdiction.Currency is used as the medium of exchange when people deal with goods and services. It is essentially the basis for trade.Most countries of the world have their own currency. Some of the most known official cur rencies and their countries include:The US Dollar â€" United StatesThe Chinese Yuan â€" ChinaThe British Pound â€" the United KingdomWhile most countries in the world use their unique currency, there are some instances where different legislations might use the same currency. A number of European countries, such as France and Germany, use the Euro, for example.Nowadays, there are also currencies, which are not tied to any specific country or monetary union. For example, cryptocurrencies such as bitcoin are an example of these currencies.There are also other currency types, such as branded currencies and local currencies. But currency translation mainly deals with the tradable currencies.What are financial statements?A business, individual or other such entity must keep a formal record of their financial activities. This is often for taxation purposes and these records are called financial statements.The most common financial statements for business include:Income statementsBalance s heetStatements of retained earnings and cash flowCurrency translation might show in all of these statements, although it is most essential for balance sheet reporting.What are exchange rates?Exchange rates are used in order to state the price of a specific currency in another currency. It has two separate components: the domestic currency and the foreign currency.Most exchange rates use the US dollar as the base currency, but the Euro is also often used for this purpose.Exchange rates fluctuate almost daily. It is important to understand this, as currency translation might require you to use a specific exchange rate from the past. You can find out different exchange rates through services such as XE.The definition of currency translationIn short, the definition of currency translation refers to the process of quoting the amount of money in one currency in the denomination of another currency. Companies typically need this process as part of their financial record keeping. Currency t ranslation is often used in balance sheets.Companies, which operate in different countries, tend to have to use different currencies as part of their bookkeeping. For example, a company which is headquartered in the US would mainly use the US dollar in its accounting. But it might also receive part of its revenue from sales in the United Kingdom. These sales would naturally use the British pound.But for accounting, the company has to use only one currency and therefore it needs to translate the British pound into US dollar.Currency translation must be recorded on the company’s balance sheet as an equity account. In some instances, such as in the case of large banks, the translation will be recorded as equity capital. The difference between functional and operation currencyMultinational companies can use different currencies for its operations. These are often referred to as the operational currencies.But for accounting purposes, the company also has to have a functional currency, which is the primary type of money the company uses. Most companies tend to use the currency of the nation they are headquartered as the functional currency. But this is not required and some companies choose to use a different currency â€" usually one that is the most relevant for its operations.WHY IS CURRENCY TRANSLATION NEEDED AND USED?As mentioned above, currency translations help a company create financial statements that feature a single currency. In fact, the governing tax authority often requires companies to only use one denominated currency as part of their recording procedure.While currency translation is typically mandatory process, there are certain benefits to currency translation as well. In the modern world, the multinational company is becoming the norm and even small- and medium-sized businesses tend to have cross-border operations. For these companies, currency translation will be essential.Using a single currency as part of financial statements will make these s tatements easier to read and analyze. It is near impossible to draw rational conclusions from a statement, which features more than one currency.THE THREE STEPS OF CURRENCY TRANSLATIONSo how does currency translation work in reality? In its essence, the process can be defined by three separate steps the company needs to take. These are:Determining the functional currency for the businessRe-measuring the financial statements of the business in the functional currencyRecording the gains and losses on the translation of currenciesTo make sense of each step, lets now look at the process in more detail.Step 1: Determining the functional currencyAs discussed above, companies must pick a functional currency and do all of the financial reporting in this single currency.While the functional currency is most often simply the company where the businesses main headquarters are, there are other ways to decide the functional currency. The other alternative often selects the functional currency ba sed on the currency majority of its operations are conducted.For example, while a company might have its headquarters in Brazil, its main business operations might take place in the US. Instead of using the Brazilian real, the business might choose to make the US dollar its functional currency.The above two ways of picking the functional currency are relatively straightforward. Problems might arise if the company operates in equal measure in separate locations outside of its country of residence. The company will just need to decide the most convenient currency under these circumstances.Furthermore, once a company decides its functional currency it shouldn’t make changes to it, at least not regularly. A change in functional currency should only take place in situations of significant change in economic facts and circumstances.Step 2: Re-measuring the financial statements in the functional currencyOnce the business has denominated its functional currency, it needs to ensure its fin ancial statements only use the selected currency. Instead of recording losses in separate headings for sales in separate currencies, the balance sheet shall feature sales only in the functional currency.Each aspect of the financial statement must be translated into the single currency. This involves calculating the total of the following items:The company’s assets and liabilitiesSpecific items in the income statement:Revenue, expenses, gains and lossesBusiness allocations such as depreciation and amortizationCash flowsFurthermore, it is crucial to keep a close eye on the dates in which any of the above transactions occurred. Currency translation often only occurs at the end of the financial year, but the rates you choose to use are determined by the transaction date in some instances.The following section will deal more on how the actual rates are determined in terms of calculating the currency translation. For now, it is important to note you might need to use the exchange rates from the past as well as present. Therefore, proper bank statements and income records are essential to ensure you use the right rates.Step 3: Recording the gains and losses on the currency translationFinally, currency translation often results in translation adjustments. These adjustments must be recorded on the company’s balance sheet as well. They are mentioned in the equity section of the balance sheet.Furthermore, the translation adjustment also requires the company to record the adjustment in the profit or loss statement of comprehensive income.HOW ARE THE RATES DETERMINED?As you are aware, exchange rates are constantly fluctuating. This fluctuation causes certain difficulties for companies, as they need to account for this in their currency translations.Instead of simply checking the current exchange rate when translating currencies, you might sometimes need to use different rates either for a specific period or even for a specific date.Below is a look at the different rate s companies need to use and the parts of the statement that fall under this specific calculation method:The average rate for the period â€"The average rate for a period refers to a calculated average exchange rate for the specific financial period. This is typically the financial year, as it is the basis for most financial statements. The average rate should be calculated by checking each rate during the period and dividing it by the number of these different rates. The average rate for the period is used for translation currencies for income statement accounts.The ending rate for the period â€" The ending rate for the period is the exchange rate at the end of the financial period. For example, if the financial year ends on December 31, the currency translation would use the exchange rate of this date. Liability and asset accounts use the ending rate for the period for currency translation. Nonetheless, fixed assets are not translated with the ending rate.The original historical rat e at the point of acquiring â€" The original historical rate at the point of acquiring simply uses the exchange rate of the date when the entry was created for the income statements. For example, if the qualifying transaction happened on July 7, even if the financial year ends on December 31, the exchange rate used should be from July 7. Fixed assets are always translated with the historical rate. It must be noted they also won’t be re-translated later on.Finally, you should keep in mind that equity accounts are generally never re-valued.The above rate calculations and methods are largely universal. But different companies might have slight differences as to which transactions should be recorded with which rate. It is a good idea to check with the responsible jurisdiction prior to currency translation to ensure you use the correct rates.AVOIDING THE COMMON MISTAKES IN CURRENCY TRANSLATIONAlthough the guidelines for currency translation have not evolved much in recent years, there are certain mistakes companies continue to make. These mistakes can naturally lead to misstatements in financial reporting and cause damage to the company’s bottom line. Overall, this leads to false statements and thus business results can be different from the real picture.In order to avoid regulatory scrutiny and to ensure your statements are correct, it is a good idea to look at these common mistakes. This way you can learn from them and ensure to avoid falling foul of them with your currency translation.Hiding gains and losses in comprehensive income instead of recognising in net incomeThe first mistake often involves companies misclassifying a foreign currency loss or gain in other comprehensive income instead of net income. This might not sound like a big issue, but it results in incorrect net income and hides the gain or loss in the account, resulting in missed changes in the equity part of the statement.This mistake is most persistent with companies that have an intercompa ny account and this account it recorded on the books of other units with different functional currencies.It is important to keep an eye on your company’s intercompany balance, especially if you have parties which record their specific balance in different currencies.Furthermore, recording the gains or losses in other comprehensive income is not always wrong. In situations where these gains and losses are essentially permanent, the gains and losses will be recorded on other comprehensive income instead of net income.Preparing the consolidated statement of cash flows based on amounts in the consolidated balance sheetWhile the cash flow transactions can be translated by using the average rate for the period, many experts think the statement should use the historical rates for each transaction. The problem arises because accountants often support the indirect method. While this indirect approach can work with smaller companies, it can be dangerous with larger companies with multiple e ntities.The indirect method used the historical average to calculate the cash flow. As mentioned above, you’ll use the average exchange rate for the period for translating the cash flow.But in many instances, this can lead to large-scale errors, as exchange rates can fluctuate quite a bit. Therefore, it is better to avoid using historical averages and instead use the historical rate for the specific transaction across all cash flow calculations.Not recognizing the need to modify accounting for translations in inflationary environmentsCompanies can sometimes end up operating in highly inflationary economies and this adds additional pressure to currency translation. But in many countries, such as the US, the general accounting rules require companies operating in a highly inflationary environment to re-measure as if the functional currency was the reporting currency of the business. This results in translation adjustments and changes slightly how the earnings are reported.A recent e xample of this was the Venezuelan economy, which received a highly inflationary status in 2009. Companies operating in the country would have had to change their reporting method in terms of currency translation, although some initially forgot to do so.HOW TO MITIGATE THE RISKS OF CURRENCY TRANSLATIONIt is possible to mitigate the risk of currency translation through three simple practices. By using the following three methods, you can reduce accounting risks and improve the accuracy of your financial statements.Implement proper accounting policiesFirst, it is essential to create clear accounting policies. This might sound obvious, but for companies operating in several different jurisdictions, this advice is essential. You need to have clear guidelines across the different entities to ensure the accounting practices used are universal across your company.It is especially important to create a proper set of currency translation guidelines. These can guarantee companies to prepare an d adjust to this at the initial phase to make currency translation later much more straightforward.Scrutinize your accountingYou should also check your current accounting procedures and make sure each unit complies with the main accounting procedure of your reporting country. You need to be able to check each individual accounting procedure and backtrack on the information provided with ease.Have appropriate internal controls to detect mistakesAccounting mistakes can happen, but the crucial thing is to limit them as much as possible. You want to create an internal system that acknowledges mistakes, instead of having a tax authority accuse you of reporting errors.The key is to ensure the internal controls focus tightly on the accounts in terms of net income and the currency translation account. This can guarantee your currency translation is a successful one.

Crito Essay - 1581 Words

Socrates has been accused of corrupting the youth by Meletus and has been sentenced to death. He has thoroughly justified his own decision to obey the opinions of the majority and serve out the sentence that his own city has deemed appropriate for his crimes. At the beginning of this piece, Socrates has presented a period of questions and answers through dialogue with Crito. Throughout the dialogue Socrates is explaining his reasoning for not evading the government. Crito does not understand the madness of Socrates, and would like nothing more than to help his dear friend escape to freedom. quot;†¦I do not think that what you are doing is right, to give up your life when you can save it, and to hasten your fate as your enemies would†¦show more content†¦Any person who would unjustly disobey these laws creates a deliberate attempt to destroy them, as well as, the society that has imposed them. For example, quot;†¦However, that whoever of you remains when he sees how we conduct our trials and manage the city in other ways, has in fact come to an agreement with us to obey our instructions.quot; (Crito p.54e) If the decisions of the city’s governing agents are not thoroughly respected as just and cohesive parts of society, the very structure by which the society stands is subject to collapse. If a person is found to be in violation of what his society stands for and does not accept the consequences for his actions, then there can not be a system of law in place to create order. quot;You must either persuade it or obey its orders, and endure in silence whatever it instructs you to endure, whether blows or bonds, and if it leads you into war or be wounded or killed you must obey.quot;(Crito p.53b) The society in which a person lives creates a mutual relationship in which every person in that society is indebted to, if he willingly accepts that society for his own. Following along these basic concepts, Socrates then adapts them to his own circumstances, which have presented to Socrates by his companion Crito, that being the option to escape from his captors and renounce their decision on his fate. Socrates concludes that if he were to follow Crito’s advice he would beShow MoreRelatedPlatos The Crito Essay954 Words   |  4 PagesPlatos The Crito In life, people are guided by moral beliefs and principles. Whether their beliefs are good or bad, their decisions are based on them. In Plato â€Å"The Crito†, Socrates emphasizes his moral beliefs and principles when he decides not to escape from prison. Although Socrates had the opportunity to escape his death sentence, he chose not to do so becauseRead MoreEssay about Socrates Argument with Crito536 Words   |  3 PagesSocrates Argument with Crito Socrates has presented a period of questions and answers through dialogue with Crito to examine if he going into exile will damage his reputation. 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Exploring thisRead MoreThe Function of the Quest or Journey Motif in the Apology and the Crito966 Words   |  4 Pagesat the beginning there was nothing known. The quest in its very nature is a search to find an answer, an artifact of power and wealth or perhaps even for peace; in the platonic dialogues they play a crucial role in the Apology of Socrates and the Crito. The Apology in the trial and death of Socrates is an example of a quest or journey motif applied, whether or not quest or journey is the preferred word is left to you who are reading this. In the apology, Plato is accused of corrupting the youth ofRead MoreFate Or Free Will?882 Words   |  4 Pageswas one of the most distinguished philosophers to demonstrate free will. He would demonstrate this by choosing in which manner he would perish, and when the phenomenon would transpire. His apprentice Plato would write with reference to this in C rito. On the other hand, Niccolo Machiavelli from the Renaissance epoch, writes references to the fate of one in The Prince. He would acknowledge the virtues that under any circumstances could dictate and control one’s fate. Socrates and MachiavelliRead MoreThe Concept Of Individual Rights1787 Words   |  8 Pagesflourishing personal identity and a flourishing community when a mutually beneficial goal seems to interfere with an exclusive goal; oftentimes, individuals reject making personal sacrifices unless they can see immediate, personal results. The Apology and Crito, written by Plato on the behalf of Socrates, explore the higher ethical concerns that dominated Socrates’ personal life and philosophy, and thus explore his view on how the society and individual should interact. The Republic expresses the views ofRead MorePlato s The Trial And Death Of Socrates Essay1671 Words   |  7 PagesPlato’s The Trial and Death of Socrates presents the reader with complex competing conceptions of what should be considered â€Å"the good life†. According to Socrates, â€Å"the most important thing is not life, but the good life† (Crito, 48b). The majority, who live a non-philosophical life, believes the goods of life include wealth, reputation, and honor: all things that can easily be taken away or destroyed. On the other hand, Socrates lives a philosophical life filled with self-sufficiency. He views wisdomRead MoreThe Trial And Death Of Socrates1701 Words   |  7 Pagesdeath as the greatest evil and pro vided his sons a positive role model. He showed calmness in the face of his trouble, while the vulnerable and fragile majority would have been in constant fear of death. Socrates, in saying goodbye to Crito in his cell â€Å"Then let it be, Crito, and let us do as I say, seeing that God so directs us.† (Plato, 102) Socrates believes that you cannot harm a good man in life or death. Through The Trial and Death of Socrates, Socrates’ has to overcome a test of his ideals. HeRead MoreAutonomy in Hamlet and Oedipus952 Words   |  4 Pagesand by living his life within the boundaries of the laws and justices of society. Socrates sees this as a commitment by an invisible contract and he must commit himself to obey them even though these laws have wronged him. He is urged by his friend Crito to escape but Socrates feels that this would be wrong as it is going against state, country and his life’s work he states, â€Å"I am not able to abandon the arguments I previously made, now that this misfortune has befallen me†, (Plato, 2007, p. 40). SocratesRead MoreKant, The Rallying Call For Kant s Enlightenment1026 Words   |  5 Pagesâ€Å"Sapere aude!† is the rallying call for Kant’s enlightenment. Translated, it roughly means dare to be wise. Plato, through the voice o f Socrates in the dialogues The Euthyphro and The Crito, demonstrates the ultimate example of Kant’s definition of enlightenment. Socrates fearlessly dares to be wise. In 1784, Immanuel Kant wrote a groundbreaking essay addressing a question posed by Reverend Johann Zollner. The essay was entitled â€Å"What is Enlightenment†. Within this essay, Kant defines what enlightenment

World War I Was A Global War - 1511 Words

Introduction World War I was a global war between the Allies and the Central Powers. It was called the war to end all wars and it was immediately triggered after the assassination of archduke Franz Ferdinand in 1914. 5 years later in 1919, the Treaty of Versailles was signed and ended WWI. The treaty blamed Germany for starting WWI and was wrongly punished for it. Germany retaliated and Adolf Hitler restored Germany s economy and became their dictator and started WWII in 1939 by invading Poland. WWII ended in 1945, and two supreme powers arose: the Soviet Union and the U.S. The Cold War soon followed and was a struggle between the two superpowers and was also about communism. 1940 s July 17, 1945: Potsdam Conference begins in†¦show more content†¦Churchill went at the request of Westminister College to accept an honorary degree. The speech was called the Sinews of Peace, but made the iron curtain phrase famous. From Stettin in the Baltic to Trieste in the Adriatic, an iron curtain has descended across the Continent. This quote changed the way the democratic West viewed the communist East in a bad way. March 12, 1947: Harry Truman announces Truman Doctrine The Truman Doctrine is the principle that the U.S. will support countries intervened by Soviet or communist forces. It was a clear message that any country threatened by the takeover of communism will be helped. Greece was helped because there was a civil war at the time and the Soviet Union had the opportunity to influence communism. Congress agreed to send $400 million of aid to support the govt of Greece. U.S. did not send any of their troops to Greece 1950 s January 31, 1950: Truman orders development of H Bimb Truman announced his decision to support the development of the hydrogen bomb. It was a weapon theorized to be extremely more powerful than the atomic bombs dropped during WWII. The U.S. lost its nuclear supremacy to the Soviet Union 5 months earlier after they successfully detonated an atomic bomb in one of their test sites. Weeks after that, U.S. and British intel confirmed that a Geman born scientist that was a top ranking U.S. scientist in the nuclear

Greek Myth Essay Example For Students

Greek Myth Essay The Greeks believed that the earth was formed before any of the gods appeared. The gods, as the Greeks knew them, all originated with Father Heaven, and Mother Earth. Father Heaven was known as Uranus, and Mother Earth, as Gaea. Uranus and Gaea raised many children. Amoung them were the Cyclopes, the Titans, and the Hecatoncheires, or the Hundred- Handed Ones. Uranus let the Titans roam free, but he imprisoned the Cyclopes and the Hundred- handed Ones beneath the earth. Finally, Gaea could not bear Uranuss unkindness to the Cyclopes and the Hundred-Handed Ones any longer. Gaea joined Cronos, one of the Titans; and together, they overcame Uranus, killed him, and threw his body into the sea. Aphrodite, goddess of love and beauty, later rose from the sea where Uranuss body had been thrown. Now Cronus became king of the universe. Cronos married his sister, Rhea, and they had six children. At the time of Cronoss marriage to Rhea, Gaea prophesied that one of his children would overthrow Cronos, as he had overthrown Uranus. To protect himself, Cronos swallowed each of his first five children Hestia, Demeter, Hera, Hades, and Poseidon immediatly after birth. After the birth of her sixth and last child, Rhea tricked Cronos into swallowing a rock and then hid the child Zeus on earth. Zeus grew up on earth and was brought back to Mount Olympus as a cupbearer to his unsuspecting father. Rhea and Zeus connived against Cronos by mixing a noxious drink for him. Thinking it was wine, Cronos drank the mixture and promptly regulated his five other children, fully grown. Then Zeus and his brothers waged a mighty battle against Cronos and the other Titans. Cronos and the Titans were defeated when Zeus ambushed them with the help of the Cyclopes and the Hundred-Headed Ones, and they panicked and retreated. Cronos and the Titans were imprisioned in the Earth where their fighting still causes earthquakes from time to time. Zeus and his brothers and sisters went to live on Mount Olympus, where they ruled over the earth.

The Human Development of a Six Year Old Essay Example For Students

The Human Development of a Six Year Old Essay Megan Baur is a 6-year-old Caucasian female who currently attends the first grade at a private school, Rolland Park School for girls. She lives with her birth parents and her 4-year-old brother, Kyle, in a suburban house on the outskirts of Baltimore City. Her father is a successful chiropractor and her mother works part time as a dental hygienist. Her mother was a stay home mom from Megans birth till very recently, when she decided to return to work only during the hours while Kyle, the youngest attends nursery school. Megan is a very bright young girl who seems to be progressing in the middle childhood level already. We will write a custom essay on The Human Development of a Six Year Old specifically for you for only $16.38 $13.9/page Order now A child in this level must deal with demands to learn new skills or risk a sense of inferiority, failure and incompetence. The opinions of their classmates matter more than ever before and they begin to feel the effects of peer pressure. In this stage a person can do mental operations but only with real (concrete) objects, events or situations. Logical reasons are understood. For example, Megan can understand the need to go to bed early when it is necessary to get up early the next morning. Children that are in this stage attend school and they enjoy mastering lots of new physical skills. They learn rapidly in school. She does very well in school and is always will to do school work without even being provoked. She is working on abstract ideas of adding and subtracting things and sounding out words for reading. She is above her age group at reading and has a very extensive vocabulary. Megan seems to enjoy the challenge of reading and it makes her feel grown-up and superior to her younger sibling, since he is too young to read. She is always trying to teach him what she did in class that day, by reenacting the lesson plan of the class. In doing so, she unintentionally reviews and reinforces the material in her own head, helping her to obtain a better grasp on it. Megan acts very old for her age and is always trying to do adult like things; her new favorite hobby is to talk on the phone to her classmates. She is very friendship orientated and labels everyone as her best friend; many girls at school that come over to play, and she also uses it when describing peers in conversation. She appears to very friendly to all children she comes in contact with. Megan is a very active child and has many structured events during the week aside from her normal daily schooling. Every Monday night she has gymnastics class right after school, and on Wednesdays and Saturdays she plays soccer during the fall. During the spring she plays softball instead of soccer. While Megan enjoys her soccer games she is very sensitive to the failure of her team and overcritical of herself when reevaluating the game. She expects an almost perfection like standard for herself in all areas of her life and some times is easily defeated if she does not meet her desired expectations. This seems to steam from her parents disciplinary system of, rewarding her successes, yet; they are very sympathetic and understanding of her failures also and do not scold her or punish her for them. Her parents are not over critical, or over bearing of her, they only have normal expectations for their children. My prediction is that she will resolve this over-criticalness with time; she is just not use to failure because she has not had to deal with it much in her short life span. .u5ae1729c071c46edb5d3774c87188262 , .u5ae1729c071c46edb5d3774c87188262 .postImageUrl , .u5ae1729c071c46edb5d3774c87188262 .centered-text-area { min-height: 80px; position: relative; } .u5ae1729c071c46edb5d3774c87188262 , .u5ae1729c071c46edb5d3774c87188262:hover , .u5ae1729c071c46edb5d3774c87188262:visited , .u5ae1729c071c46edb5d3774c87188262:active { border:0!important; } .u5ae1729c071c46edb5d3774c87188262 .clearfix:after { content: ""; display: table; clear: both; } .u5ae1729c071c46edb5d3774c87188262 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u5ae1729c071c46edb5d3774c87188262:active , .u5ae1729c071c46edb5d3774c87188262:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u5ae1729c071c46edb5d3774c87188262 .centered-text-area { width: 100%; position: relative ; } .u5ae1729c071c46edb5d3774c87188262 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u5ae1729c071c46edb5d3774c87188262 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u5ae1729c071c46edb5d3774c87188262 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u5ae1729c071c46edb5d3774c87188262:hover .ctaButton { background-color: #34495E!important; } .u5ae1729c071c46edb5d3774c87188262 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u5ae1729c071c46edb5d3774c87188262 .u5ae1729c071c46edb5d3774c87188262-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u5ae1729c071c46edb5d3774c87188262:after { content: ""; display: block; clear: both; } READ: Cultural Conservation Essay According to Eriksons theory of psychosocial crisis, Megan is progressing adequately toward the direction of industry. She strives very hard to accomplish goals and tasks that are assigned to her. When given a 25-piece puzzle she tediously works on it until it is completed. Megan often chooses to do cognitive things, such as: puzzles, coloring book pages, building blocks, and board or card games, in her spare time. Megan receives a lot of positive reinforcement from her parents when she successful completes a task at school or in her extra curricular actives, which enforces her to .